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Online classes

Effective: Early Spring 8-Week 2017/2018

FINC 350: Business Finance

Course Description

A study of the finance function in corporate decision-making. Topics include financial statement analysis, risk and return, valuation, cost of capital, working capital management, time value of money, and capital budgeting.

Prerequisite: ACCT 281; MATH 150 or MATH 170

Proctored Exams: Midterm and Final



Syllabus Contents

Textbooks

Required package of Loose Leaf with Connect

  • Block, Hirt, and Danielson. Foundations of Financial Management with Access. 16th ed. McGraw-Hill Irwin, 2017.
    • ISBN-978-1-259-96705-4

The ISBN above is unique to Columbia College and this textbook is only available through MBS Direct.  It provides students with discounted access to Connect Plus, an online assignment and assessment platform. Connect Plus is required for the course and allows access to the eBook, SmartBook, and LearnSmart on McGraw-Hill Irwin’s Connect site. It is possible to highlight and print in the eBook format.  

Optional package eBook + Connect (out-of-pocket only, book vouchers not accepted)

(ISBN: 978-1-259-96957-7)

Please note:  Do not purchase USED access codes to Connect or Connect Plus; they are not valid.  Access codes to Connect Plus can also be purchased online directly from McGraw-Hill Irwin during the first week of class. 

A link to the course Connect website will be provided on the first day or class. Do not try to register for Connect prior to the first day.  You must register for the website associated with this session and section only.  Registration cannot be changed or reversed.

MBS Information

Textbooks for the course may be ordered from MBS Direct. You can order

For additional information about the bookstore, visit http://www.mbsbooks.com.


Course Overview

Upon completion of this course you should have and be able to demonstrate a working knowledge of theories, methods and procedures used in analyzing the financial management of a firm. In addition, when we are finished you should be cognizant of new developments and trends within the field of finance.



Technology Requirements

Participation in this course will require the basic technology for all online classes at Columbia College:
  • A computer with reliable Internet access
  • A web browser
  • Acrobat Reader
  • Microsoft Office or another word processor such as Open Office

You can find more details about standard technical requirements for our courses on our site.


Course Learning Outcomes

  1. Analyze financial statements and interpret financial ratios to assess company performance.
  2. Explain how a firm’s management of working capital effects its operating, financing, and investment decisions.
  3. Apply discounted cash flow techniques and the risk-return tradeoff to value financial assets.
  4. Explain the CAPM, rates of return, capital structure, and the cost of capital.
  5. Demonstrate an understanding of the capital budgeting process.

Grading

Grading Scale
Grade Points Percent
A 621-690 90-100%
B 552-620 80-89%
C 483-551 70-79%
D 414-482 60-69%
F 0-413 0-59%
Grade Weights
Assignment Category Points Percent
Connect Homework 134 19%
Discussions 156 23%
Exams 400 58%
Total 690 100%


Schedule of Due Dates

Week 1
Assignment Points Due
Discussion 1 17 Sunday
Connect Homework 1 18
Week 2
Assignment Points Due
Discussion 2 17 Sunday
Connect Homework 2 16
Proctor Information N/A
Week 3
Assignment Points Due
Discussion 3 22 Sunday
Connect Homework 3 22
Week 4
Assignment Points Due
Discussion 4 17 Sunday
Connect Homework 4 20
Midterm Exam 200
Week 5
Assignment Points Due
Discussion 5 17 Sunday
Connect Homework 5 18
Week 6
Assignment Points Due
Discussion 6 22 Sunday
Connect Homework 6 14
Week 7
Assignment Points Due
Discussion 7 22 Sunday
Connect Homework 7 16
Week 8
Assignment Points Due
Discussion 8 22 Saturday
Connect Homework 8 10
Final Exam 200
Total Points 690

Assignment Overview

Each student is responsible for:

  • Regular contact with the instructor and other classmates
  • Weekly reading assignment
  • Weekly discussion post and response to classmates
  • Weekly Connect homework
  • Midterm and Final exams

Communication:

  • All communication in this course is formal. Formal rules of English, including punctuation, capitalization, and grammar, apply to all submissions, including email.
  • Class participants will observe the rules of Internet etiquette.
  • The General Discussions forum is the preferred method of communication. It should be used to ask questions about assignments.
  • Email should be used for questions relating to Exam questions and grading.
  • Guidelines on plagiarism are presented in the Plagiarism Tutorial in D2L, which is available in the Content area. There is also an optional quiz (ungraded) over the tutorial located in the Quizzes area.

Readings

There will be weekly readings assignments that may be completed by accessing the eBook or SmartBook. See the Content area for tips on accessing these materials.

Discussions

There will be one graded discussion post (points vary - see course schedule below) and one graded response (2 points) to complete each week. Discussion assignments are designed to enrich the course by asking students to go beyond the text. Students will be asked to perform company research or focus on an issue/problem/question related to financial management. 


Connect Homework

Connect homework assignments consist of five to ten problems each week. You will have two attempts to complete each problem. The attempt with the highest score will be recorded. Each problem is worth 2 points although the time required to complete each problem varies. Homework problems are completed on Connect, a McGraw-Hill online resource associated with the text. Homework is due by 11:59 pm CT Sunday (Saturday for Week 8). Late homework is not accepted without prior approval from the instructor. Homework should be completed well ahead of the due date so questions may be addressed before the assignment is due.

Exams

There will be two proctored exams—a Midterm and a Final. Exams are located in the Quizzes area. Exams will become available at 12:01 am CT on Wednesdays and must be submitted by 11:59 pm CT on Sunday for the Midterm and 11:59 pm CT Saturday for the Final. You may take the exam at any time during this period, but once you begin, you have 120 minutes to complete it. You may use a calulator, a list of formulas (provided on the exams), and the Time Value of Money table on the exams.


Optional LearnSmart Assignment

LearnSmart is an adaptive learning system designed to help students learn faster, study more efficiently, and retain more knowledge for greater success. There is an optional LearnSmart activity for each week that will help enhance your understanding of the course material. Review the Content area for more information regarding this resource. 



Course Outline

Click on each week to view details about the activities scheduled for that week.

Week 1: Introduction to Financial Management
Readings
  • Chapter 1, The Goals and Activities of Financial Management
  • Chapter 2, Review of Accounting
Discussion 1

Complete the prompt for Discussion 1 (15 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 1

Complete the Connect Homework for chapter 2.

Optional LearnSmart Assignment
To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 1. 
Week 2: Financial Analysis
Readings
  • Chapter 3, Financial Analysis
Discussion 2

Complete the prompt for Discussion 2 (15 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 2

Complete the Connect Homework for chapter 3.

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 2. 

Proctor Information
Submit your proctor form to the appropriate Dropbox folder by the end of the week. Remember to “Save” the form before placing it in Dropbox. See the Content area for more information.
Week 3: Working Capital Management
Readings
  • Chapter 6, Working Capital and the Financing Decision
  • Chapter 7, Current Asset Management
Discussion 3

Complete the prompt for Discussion 3 (20 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 3

Complete the Connect Homework for chapters 6 and 7.

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 3. 

Week 4: The Time Value of Money
Readings
  • Chapter 9, The Time Value of Money
Discussion 4

Complete the prompt for Discussion 4 (15 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 4

Complete the Connect Homework for chapter 9.

Midterm Exam

Complete the proctored Midterm Exam covering chapters 1-3, 6, 7, and 9, located in the Quizzes area by 11:59 pm CT Sunday.  

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 4. 

Week 5: Valuation and Rates of Return
Readings
  • Chapter 10, Valuation and Rates of Return
  • Chapter 16, Long-Term Debt
  • Chapter 17, Common and Preferred Stock Financing
Discussion 5

Complete the prompt for Discussion 5 (15 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 5

Complete the Connect Homework for chapters 10, 16, and 17.

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 5. 

Week 6: Cost of Capital
Readings
  • Chapter 11, Cost of Capital
  • Appendix 11A, Cost of Capital and the Capital Asset Pricing Model
Discussion 6

Complete the prompt for Discussion 6 (20 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 6

Complete the Connect Homework for chapter 11.

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 5. 

Course Evaluation
Please evaluate the course. You will have an opportunity to evaluate the course near the end of the session. A link sent to your CougarMail will allow you to access the evaluation. Please note that these evaluations are provided so that I can improve the course, find out what students perceive to be its strengths and weaknesses, and in general assess the success of the course. Please do take the time to fill this out.
Week 7: The Capital Budgeting Decision
Readings
  • Chapter 12, The Capital Budgeting Decision
Discussion 7

Complete the prompt for Discussion 7 (20 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 7

Complete the Connect Homework for chapter 12. 

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 7. 

Week 8: Risk and Capital Budgeting
Readings
  • Chapter 13, Risk and Capital Budgeting 
Discussion 8

Complete the prompt for Discussion 8 (20 points) and contribute a response to the post of at least one classmate (2 points).

Connect Homework 8

Complete the Connect Homework for chapter 13.

Final Exam

Complete the proctored Final Exam covering chapters 10, 16, 17, 11 and 11A, 12, and 13 located in the Quizzes area by 11:59 pm CT Saturday.  

Optional LearnSmart Assignment

To enhance your understanding of this week’s material, visit the LearnSmart website and complete the assignment that accompanies our text for Week 8. 



Course Policies

Student Conduct

All Columbia College students, whether enrolled in a land-based or online course, are responsible for behaving in a manner consistent with Columbia College's Student Conduct Code and Acceptable Use Policy. Students violating these policies will be referred to the office of Student Affairs and/or the office of Academic Affairs for possible disciplinary action. The Student Code of Conduct and the Computer Use Policy for students can be found in the Columbia College Student Handbook. The Handbook is available online; you can also obtain a copy by calling the Student Affairs office (Campus Life) at 573-875-7400. The teacher maintains the right to manage a positive learning environment, and all students must adhere to the conventions of online etiquette.

Plagiarism

Your grade will be based in large part on the originality of your ideas and your written presentation of these ideas. Presenting the words, ideas, or expression of another in any form as your own is plagiarism. Students who fail to properly give credit for information contained in their written work (papers, journals, exams, etc.) are violating the intellectual property rights of the original author. For proper citation of the original authors, you should reference the appropriate publication manual for your degree program or course (APA, MLA, etc.). Violations are taken seriously in higher education and may result in a failing grade on the assignment, a grade of "F" for the course, or dismissal from the College.

Collaboration conducted between students without prior permission from the instructor is considered plagiarism and will be treated as such. Spouses and roommates taking the same course should be particularly careful.

All required papers may be submitted for textual similarity review to Turnitin.com for the detection of plagiarism. All submitted papers may be included in the Turnitin.com reference database for the purpose of detecting plagiarism. This service is subject to the Terms and Conditions of Use posted on the Turnitin.com site.

Non-Discrimination

There will be no discrimination on the basis of sex, race, color, national origin, sexual orientation, religion, ideology, political affiliation, veteran status, age, physical handicap, or marital status.

Student Accessibility Resources

Students with documented disabilities who may need academic services for this course are required to register with the office of Student Accessibility Resources. Until the student has been cleared through this office, accommodations do not have to be granted. If you are a student who has a documented disability, it is important for you to read the entire syllabus as soon as possible. The structure or the content of the course may make an accommodation not feasible. Student Accessibility Resources is located in Student Affairs in AHSC 215 and can be reached by phone at (573) 875-7626 or email at sar@ccis.edu.

Online Participation

You are expected to read the assigned texts and participate in the discussions and other course activities each week. Assignments should be posted by the due dates stated on the grading schedule in your syllabus. If an emergency arises that prevents you from participating in class, please let your instructor know as soon as possible.

Attendance Policy

Attendance for a week will be counted as having submitted any assigned activity for which points are earned. Attendance for the week is based upon the date work is submitted. A class week is defined as the period of time between Monday and Sunday (except for week 8, when the work and the course will end on Saturday at midnight.) The course and system deadlines are based on the Central Time Zone.

Cougar Email

All students are provided a CougarMail account when they enroll in classes at Columbia College. You are responsible for monitoring email from that account for important messages from the College and from your instructor. You may forward your Cougar email account to another account; however, the College cannot be held responsible for breaches in security or service interruptions with other email providers.

Students should use email for private messages to the instructor and other students. The class discussions are for public messages so the class members can each see what others have to say about any given topic and respond.

Late Assignment Policy

An online class requires regular participation and a commitment to your instructor and your classmates to regularly engage in the reading, discussion and writing assignments. Although most of the online communication for this course is asynchronous, you must be able to commit to the schedule of work for the class for the next eight weeks. You must keep up with the schedule of reading and writing to successfully complete the class.

Late discussion posts will not be accepted.

Due date extensions for homework assignments must be requested on or before the assignment’s due date and require instructor approval. Approval will only be granted under significant extenuating circumstances, such as hospitalization, or extreme personal/family emergencies. Maintaining access to the Internet is a requirement for this course. No exceptions for lack of Internet access will be granted unless the loss of service is community-wide and due to weather. Under no circumstances will an assignment or exam be accepted after the last official day of class for the session.  

There is no opportunity to earn extra credit in this course.

Course Evaluation

You will have an opportunity to evaluate the course near the end of the session. A link will be sent to your CougarMail that will allow you to access the evaluation. Be assured that the evaluations are anonymous and that your instructor will not be able to see them until after final grades are submitted.

Proctor Policy

Students taking courses that require proctored exams must submit their completed proctor request forms to their instructors by the end of the second week of the session. Proctors located at Columbia College campuses are automatically approved. The use of ProctorU services is also automatically approved. The instructor of each course will consider any other choice of proctor for approval or denial. Additional proctor choices the instructor will consider include: public librarians, high school or college instructors, high school or college counseling services, commanding officers, education service officers, and other proctoring services. Personal friends, family members, athletic coaches and direct supervisors are not acceptable.


Additional Resources

Orientation for New Students

This course is offered online, using course management software provided by Desire2Learn and Columbia College. The Student Manual provides details about taking an online course at Columbia College. You may also want to visit the course demonstration to view a sample course before this one opens.

Technical Support

If you have problems accessing the course or posting your assignments, contact your instructor, the Columbia College Helpdesk, or the D2L Helpdesk for assistance. Contact information is also available within the online course environment.

Connect technical support is available at 800-331-5094 or at www.connectstudentsuccess.com.

Online Tutoring

Smarthinking is a free online tutoring service available to all Columbia College students. Smarthinking provides real-time online tutoring and homework help for Math, English, and Writing. Smarthinking also provides access to live tutorials in writing and math, as well as a full range of study resources, including writing manuals, sample problems, and study skills manuals. You can access the service from wherever you have a connection to the Internet. I encourage you to take advantage of this free service provided by the college.

Access Smarthinking through CougarTrack under Students -> Academics -> Academic Resources.


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